Cheap Health Insurance

So you're looking for cheap health insurance? Well you've come to the right place.

At Frank, we get that you don't want to pay more than what you have to. Our entry level hospital covers like Basic Hospital and Starter Bundle won’t break the bank. If you're after some extras like dental & optical we can help you out there too.

A pre-existing condition is one where signs or symptoms of your ailment, illness or condition, in the opinion of a medical practitioner appointed by GMHBA (not your own doctor), existed at any time during the six months preceding the day on which you purchased your hospital insurance or upgraded to a higher level of hospital cover and/or benefit entitlement.

A special waiting period applies to obtain benefits for hospital treatment for new members who have pre-existing conditions. The waiting period also applies to existing members who have recently upgraded their level of hospital cover. If the ailment, illness or condition is considered pre-existing:

New membersNew members must wait 12 months for any hospital benefits (other than psychiatric, rehabilitation and palliative care).

Existing members (transferring or upgrading)Members transferring/upgrading to a higher hospital cover must wait 12 months to get the higher hospital benefits (other than psychiatric, rehabilitation and palliative care).

Existing members (with at least 12 months membership)Existing members with at least 12 months membership in total across their old and new cover are entitled to the lower benefits on their old cover.

During your first 24 months of cover - after the standard hospital waiting periods have been served – Best Hospital and Best Hospital (no pregnancy) covers have benefit limitations on selected services.

This means that the benefits payable on these services are limited to the minimum shared room rate under the Private Health Insurance Act for private hospital admissions during the 24 month benefit limitation period.

Once the waiting period and benefit limitation period has been served you will have access to the benefits applicable on your level of cover.

Silver Hospital cover provides the same single room coverage as Gold Hospital, but co-payments of $100 per day up to a maximum of $700 per admission apply. Co-payments are not the same as hospital excess. Please note: Some private hospitals only have single rooms and co-payments will apply.

Co-payments do not apply.

What is Private Health Insurance?

There are 2 different kinds of Private Health Insurance:

Hospital Cover- for when your admitted to hospital

Extra's Cover- for things like chiro, physio, dental & optical

At Frank, we get that private health insurance can be expensive. It’s up to each person to weigh up the cost versus peace of mind. For example, the average cost of a knee reconstruction in the private system is $5,000 – as a non-emergency procedure, can you afford to wait until you get to the top of a public waiting list or foot the whole bill in a private hospital?

How can Frank make health insurance cheaper?

Frank is thrifty and can help you tighten your purse strings:

All online- Less overheads means you pay less

Mix & Match covers- we don't make you take out both Hospital & Extra's

Basic Hospital cover – a simple cheap public hospital cover without the bells and whistles

Some or Lots extras cover – If you want some extra's like optical & physio but don't want to go over the top, some is ideal

50% or 80% back on extras- 50% costs less than 80%

Excess - choosing a Frank hospital cover means you have a $500 excess, so you only pay it if you are admitted to hospital

Why do you need Health Insurance?

There are many reasons why you might choose to take our health insurance.

You're turning 30 - You can avoid the future fees of Lifetime Health Cover (LHC) loading by taking out Private Health Insurance when you turn 30.

Getting older – You're starting to understand you might not be invincible anymore, so you want to take a little bit of health cover just in case.

Need to cover for the family – you want to make sure your family are covered just in case.

How can you get Cheap Private Health Insurance?

Here are Frank's Cheap as Chips Tips...

Look for products with exclusions that you don't need. Like dentures, pregnancy & cataracts

Know what you want. If you’re just looking for the cheapest cover and aren’t worried about what’s included or excluded, check out Frank’s cheapest covers, the Starter Bundle and Basic Hospital